Classroom Seminars

Grid Batteries: Valuation, Design, Procurement, and Operations
An In-Depth Seminar Presented by Acelerex CEO Dr. Randell Johnson
Each Class is Limited to First 20 Registrants / A Two-Day Classroom Seminar (CPE Approved)
Register soon to get Early Bird pricing!
Houston, TX - March 26 & 27, Hotel Indigo Houston at the Galleria
Washington, DC - May 21 & 22, Renaissance Washington, DC Downtown Hotel
Houston, TX - June 11 & 12, Hotel Indigo Houston at the Galleria
New York, NY - June 25 & 26, NYC Torch Club (NYU Campus)

All things batteries will be taught in context of valuation, design, procurement, and operations with instructor who is recognized as a leading world expert and practitioner with many years of experience with batteries. The advantage of this course is that you receive in one sitting a comprehensive and detailed set of insights of the latest on Grid Batteries with perspectives on markets, regulatory, policy, suppliers, use cases, valuation, design, procurement, operations, and advances in software. Click here to register.

What You Will Learn
  1. What You Will Learn About Grid Batteries
  2. Grid Battery Market Revenue Calculations: ERCOT, PJM, ISO-NE, NYISO, CAISO, IESO, AESO, SPP, MISO
  3. PPA pricing of renewables plus grid batteries
  4. Policy case studies with Energy Storage CA, MA, NY and others
  5. Review of all major battery projects and use cases in current operation
  6. Regulatory metrics for cost and benefit analysis for storage
  7. Case studies of answering the questions of why?, when?, where?, and how much batteries?
  8. Review of innovative ownership models and how to price them
  9. Stylized facts of auctions for procurement of batteries
  10. Learn the good, the bad, and the ugly of battery vendors
  11. Insights into the good, the bad, and the ugly for inverters
  12. Battery technology review
  13. Basic and advanced techniques for valuation of batteries
  14. Representing batteries in the planning processes for transmission, distribution and integrated resource plans
  15. Design considerations for battery projects such as augmentation
  16. Operational issues with batteries
  17. Existing and evolving use cases for batteries
  18. Addressable stacked services
  19. Revenue Calculations (energy arbitrage, ancillary services, frequency response, others)
  20. Cost Calculations (capital Costs, EPC, FOM, VOM, losses, connection cost, others)
  21. Dispatch strategies in competitive markets for co-optimization of energy and ancillary services
  22. Insights to battery simulations and computations for cycling
  23. Detailed economic models of revenue and benefit valuations of batteries
  24. Detailed financial models for batteries including NPV, IRR, payback, gearing, and others.
  25. Methods for nodal battery valuation analysis in competitive markets
  26. Procurement concerns and strategy
  27. Battery testing standards as part of the commissioning of battery projects
  28. Advance battery controls and automation
  29. Battery End of Life Costs
  30. Advanced Software Case Studies
  31. Artificial Intelligence Applications for Dispatch of Grid Batteries
  32. Block Chain Performance Management of Grid Batteries
  33. Learning Techniques
  34. Online Presentation slides
  35. Handouts
  36. Analytics Software exercises with value, design, buy, and operate exercises
  37. Interactive group discussions
  38. Case Studies
Seminar Agenda
  • DAY 1
  • Introduction
  • • Policy and Regulatory: trends, cost and benefit metrics, policy approaches
  • • Valuation: use cases, methods, approaches, techniques, algorithms
  • • Design: cycling, cooling, standards, engineering, connection analysis
  • • Procurement: strategy, documents, vendors, EPC
  • • Operations: outages, dispatch, losses, testing, automation
  • Policy and Regulatory
  • • Case studies of NY, MA, CA, and others
  • • Policy Approach’s and Mechanisms
  • • Regulatory benefit cost metrics
  • Battery Technologies
  • • Overview of battery technologies
  • • Current trends in battery research
  • Vendors
  • • The good, the bad, and the ugly of battery vendors
  • • Power batteries and Energy Batteries, LFP, Conventional Lithium Ion, Flow Batteries, others
  • • Battery characteristics and costs
  • • Strategy working with battery vendors
  • Use Cases
  • • Energy Arbitrage, Spinning Reserve, Non-Sync Spinning Reserve, Regulation, Operating Reserve, Renewables Integration, EV Charging, Frequency Response, Black Start, Others
  • Planning Processes and Integrated Resource Plans
  • • Case studies of answering questions of the why, where, when, how much
  • • Incorporation of Batteries in Transmission Planning, Distribution Planning and IRPs
  • • Alternative Analysis Capacity Investment Analysis with BESS
  • • Production cost hourly and sub-hourly for BESS dispatch
  • • Stacked Services Emulator for temporal and simultaneous use cases
  • System Benefits Metrics with BESS
  • • Capacity deferral, fuel savings, VO&M savings, FO&M Savings, Primary, Secondary, and Tertiary Reserve Savings, Frequency Response, Black Start, T&D deferral, Cost to Load savings
  • Operations
  • • Outages, losses, fade, Operations and Maintenance Costs
  • Competitive Market Analysis
  • • Market Revenue Examples ERCOT, PJM, ISO-NE, NYISO, CAISO, IESO, AESO, SPP, MISO
  • • Calculating revenue in day ahead schedule
  • • Calculating revenue in real time schedule
  • • Calculating frequency response and ancillary services revenues
  • • Valuation of Capacity Value
  • Cost Analysis
  • • Efficiency, Cycles per day and cycles per year, losses, fade, augmentation, energy costs, capital costs, EPC costs, FOM, VOM, Battery End of Life Costs, others
  • Financial Analysis
  • • BESS NPV analysis, DCF, WACC, Gearing, Sensitivities, Others
  • DAY 2:
  • Analytical Concepts and Theory Overview for BESS Valuation
  • • Alternative Analysis of answering the Why, Where, When and How Much questions
  • • Production Cost for dispatch and analysis of batteries
  • • Stacked Services Emulator for co-optimization valuation of batteries in competitive markets
  • Big Data Analytics
  • • Approaches to scanning for battery value across 1000’s of nodes
  • • Data mining algorithms
  • • Parallelization of battery analytics algorithms
  • • Cloud Computing
  • Design
  • • cooling, connection analysis, cycling, augmentation, balance of plant, standards, communication systems, software, testing
  • Hybrid Systems
  • • Assessment Techniques of Pairing Lithium Ion and Flow Batteries
  • • Assessment Techniques of Pairing Batteries and Thermal Plant
  • • Assessment Techniques of Pairing Batteries and Renewables
  • PPA Pricing
  • • Calculating PPA pricing for renewables plus batteries
  • Procurement
  • • Strategy, warrantees, EPC, origination documents, connection agreements
  • Battery Auctions
  • • Bid strategy, auctions results, supply and demand, competitive differences
  • Case Studies:
  • • Artificial Intelligence applications for battery dispatch
  • • Block Chain Performance Management for Batteries
Your Instructor - Houston, New York

Randell Johnson Ph.D., P.E.
Dr. Randell Johnson, P.E. has led a global career in the power and energy sectors in M&A for private equity, power and energy trading quantitative support, planning and strategy for large utilities, and was with a major international consultancy where Randell has background in electricity markets, regulatory, public policy, and power engineering. Randell has provided leadership and management for teams for: generation and transmission interconnection analysis, expansion and capacity planning, integration of renewables and public policy, and market simulation and investment valuations. He has expertise and experience in the parameterization and application of market simulation tools for advising of planning authorities, utilities, generators, equipment manufacturers, government departments, investment banks, traders, and industrial developers. Qualifications are in Quantitative Finance (MSc) (Cass Business School), Gas and Electric Utility Corporate Finance (UConn School of Business), and Electric Power Engineering (PhD, MEng) (Rensselaer Polytechnic Instit

Your Instructor - Washington

Dr. Randell Johnson - Acelerex
Dr. Johnson has expertise and experience in the Valuation, Design, Procurement, and Operations of Grid Batteries

Dr. Johnson has been involved in the Energy Storage Road Map for the Maldives, Bermuda Energy Storage Sizing Study, New York Energy Storage Road Map, Massachusetts State of Charge Study, MISO Energy Storage Study, Ontario Energy Storage Study, and numerous other energy storage studies. He was selected by the World Bank to study 100% carbon-free grids with energy storage and Acelerex software and methods were selected by the International Renewable Energy Agency for increasing penetration of renewables with energy storage. Dr. Johnson has invented and developed software for battery analytics and battery real time control. He is expert at power markets and valuation of energy storage to maximize utilization of existing transmission systems and co-optimization of transmission and other resources in addition of co-optimization of energy and ancillary services. A Harvard Business Case has been written for energy storage that includes methods pioneered by Dr. Johnson.

Dr. Johnson holds a Ph.D. in Power Engineering from Rensselaer Polytechnic Institute and an MS in Economics from Cass Business School, UK, and a Utility Corporate Finance Certificate for Gas and Electric Utilities from UConn Business School. Dr. Johnson has background in strategy, regulatory finance, economic optimizations, quantitative finance, electricity and energy markets, public policy, technical grid design, real-time optimizations, and high-performance computing.

Who Should Attend this Seminar

Among those who will benefit from this seminar include utility executives, operations personnel, finance, engineering teams, developers, financial analysts, lenders, attorneys, and traders.

Prerequisites and Advance Preparation

Basic level. This fundamental course begins with basic material and then proceeds to the intermediate level.

Program Level

Basic level. This fundamental course begins with basic material and then proceeds to the intermediate level.

Delivery Method

Group-live.

Why choose PGS?

PGS seminars are known for their clear explanations and in-depth content. Register for a PGS class today, and join the over 10,000 energy professionals who have already attended one of PGS's proven programs. View Past Seminar Attendees

Hotel and Seminar Information
This two-day seminar will be held at the hotels listed below or can be conducted on-site at your facilities. The seminar will start promptly at 8:00 AM and will finish at 4:00 PM on the first day. On Day 2 the seminar will begin at 8:00 AM and end at 12:00 PM. The program includes continental breakfast, lunch on the first day and coffee breaks. On the second day it includes a continental breakfast and coffee breaks. Attendees also receive a professionally produced seminar manual that can serve as a valuable office reference. Dress is casual for all seminars.
March 26 & 27
Hotel Indigo Houston at the Galleria
5160 Hidalgo Street
Houston, TX 77056
Telephone: (713) 621-8988
There is a courtesy block of sleeping rooms. Standard King for $139.00 per night plus tax. Please call hotel reservations and ask for the "PGS Energy Training" discount. These rooms are available on a first come first served basis and the rate expires February 28th, 2020.
May 21 & 22
Renaissance Washington, DC Downtown Hotel
999 Ninth Street NW
Washington, DC 20001
Telephone: 202-898-9000
There is a courtesy block of sleeping rooms. Standard King for $339.00 per night plus tax. Please call hotel reservations and ask for the "PGS Energy Training" discount. These rooms are available on a first come first served basis and the rate expires April 24th, 2020.
June 11 & 12
Hotel Indigo Houston at the Galleria
5160 Hidalgo Street
Houston, TX 77056
Telephone: (713) 621-8988
There is a courtesy block of sleeping rooms. Standard King for $159.00 per night plus tax. Please call hotel reservations and ask for the "PGS Energy Training" discount. These rooms are available on a first come first served basis and the rate expires May 1st, 2020.
June 25 & 26
NYC Torch Club (NYU Campus)
18 Waverly Place
New York, NY 10003
Because of the diversity of hotels found in the area, PGS Energy Training will not be holding a block of sleeping rooms with one particular hotel. Should you need a list of local hotels in the area, please contact us at (440) 853-1038 and we can help you with your accommodations.
Registration Fee and Discounts

Register Today!. The price for this comprehensive two-day seminar is $1,795 (USD).

Early Bird Special:
Seminar Date(s) Cutoff Date Additional Savings
Houston - Mar 26 & 27 Mar 6, 2020 $100 per order
Washington - May 21 & 22 May 1, 2020 $100 per order
Houston - Jun 11 & 12 May 22, 2020 $100 per order
New York - Jun 25 & 26 Jun 5, 2020 $100 per order
Register soon to get Early Bird pricing. A limited number of Early Bird seats are available.
  • Additional attendees and government employees receive a 10% discount.
  • Members of TOGA, AIPRO, INGAA or IOGA-NY receive a 15% discount. Please call (440) 853-1038.
  • Sign up for 4 or more classroom seats during the same month and all attendees will receive a 20% total discount.
    (If you plan to register 4 or more classroom seats for the same seminar, but want attendees to pay by separate credit cards, register one party now and mention this fact in the "Comments" section of the registration form. We will manually subtract the 20% discount from the first registrant's seminar fee and will call you to obtain the credit cards and registration information for your other attendees in order to give them their 20% discount. If applicable the Early Bird discount of either $200 or $100 will be divided evenly between all participants.) Please call (440) 853-1038 for more information.
    Special pricing is available for groups of 5 or more. Please call Janice Ohmura at (440) 853-1038.
Payment and Cancellations

Payment is due prior to the start of the seminar by Visa, Master Card, American Express, Diners Club, or corporate check. Seminar fees will be charged to your credit card at the time of registration unless other arrangements have been made. Please make checks payable to "PGS Energy Training" 26 Teal Lane · Hilton Head Island, SC 29926. Cancellations can be made up to five (5) business days prior to the start of the seminar for a full refund. No refunds will be made thereafter, but a one year full seminar credit will be given toward future workshops upon receipt of $175 which will used to help offset the non-refundable food, beverage, manual and other expenses incurred by PGS. This one year seminar credit is good for any PGS Energy Training program except for seminars offered by PGS affiliate organizations. Colleague substitutions may be made at any time. If PGS needs to cancel a seminar due to instructor unavailability, lack of attendance or other unforeseen reason, you will be offered the choice of rescheduling for another seminar, a seminar credit, or a refund. For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at (440) 853-1038.

CPE Credits in Specialized Knowledge

This live group seminar is eligible for 11.0 CPE credits. Be aware that state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. As of January 1, 2002, sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. You may want to verify that the state board from which your participants will be receiving credit accept one-half credits.

PGS Energy Training is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. CPAs interested in attending any seminars should contact our offices for details on CPE credits granted and any prerequisite requirements.

PGS Energy Training is registered with GARP as an Approved Provider of Continuing Professional Development (CPD) credits. PGS Energy Training has determined that attending Grid Batteries: Valuation, Design, Procurement, and Operations qualifies for 11.0 GARP CPD credit hours. If you are a Certified FRM or ERP, please record this activity in your Credit Tracker at http://www.garp.org/cpd.

The Global Association of Risk Professionals (GARP) is a not-for-profit membership association dedicated to preparing professionals and organizations for making better-informed risk decisions. GARP’s membership represents more than 150,000 risk management practitioners and researchers at academic institutions, banks, corporations, government agencies, and investment management firms in 195 countries and territories. GARP administers the Financial Risk Manager (FRM) and Energy Risk Professional (ERP) Exams – certifications recognized by risk professionals worldwide. Visit www.garp.org/cpe.

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